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Search Results 0 to 26 of about 27 (some duplicates have been removed)
ABC
Dec 27, 2012 4:00pm PST
on concerns about the fiscal cliff. but erasing earlier losses as news of the u.s. house will discuss the budget in a special talk sunday night. shares of oracle and cisco weighing down. tim cook is one of the companies taking a 99% pay cut this year that is not too bad. valued at $4 million but not getting stock awards last year. last year's check was $378 mill yichblt all the stock awards he got for the past decade.,ogzm that is a good number. >> yes. even for those in the media business, not so bad. we'll let you guys compare that to the calm we get in this business. >> that is what you call calm. >> he did a better year. >> thank you. >> well, sandhya patel in for spencer christian. >> more rain is coming. >> today's beautiful day. it's time to get umbrellas out.eç let me show you a live picture. i want to show you how gorgeous it looks. looking towards richmond bridge skpuk see wispy clouds out there. and really a beautiful day. here is what live doppler 7 is showing you. mostly sunny skies across the area here. we will be tracking more rain heading into your friday night. here
ABC
Dec 27, 2012 6:00pm PST
. >> lawmakers return to washington. we teeter on the edge of the fiscal cliff. what going over sit going to koflt you. >>> we have late word from washington on whether heroes of the first gulf war, commander of the international coalition that drove iraqi forces out of kuwait under the first president bush has died. he was 78 years old. he died in tampa, florida where he retired after serving as commander in chief of the u.s. central kmanld. he was a decorated combat soldier in vietnam. and u.s. officials confirmed the death but did not say how he died. >> people across the mid west are digging out from a giant winter storm that forecasters are warning there are more storms on the way. most occurred on roadways from nebraska to ohio. the storm dumped record snowfall in parts of the mid west, causing record cold throughout the south. travelers advised to expect delays returning home from the holidays. nearly 3,000 flights have been cancelled and 600 cancelled just today n new york one flight skidded off the runway. im 20s far below normal making recovery efforts difficult for victims of t
ABC
Dec 29, 2012 4:00am PST
to turn to the desperate, last-ditch effort to try to keep the country from falling off the fiscal cliff, sending everybody's taxes up and possibly sending the country into another recession. it's down to the wire with just three days left. and abc's lisa stark has the latest on the last-minute wheeling and dealing being done in washington. good morning, lisa. >> reporter: good morning, bianna. well, the next 24 hours are critical. the president this morning in his radio address, told lawmakers don't let washington politics get in the way of american progress. so, the last-ditch attempt is on the way to put together a deal. and the ball is in the senate's court. there's nothing like a deadline to force action. the president met with congressional leaders friday for the first time in six weeks. then, proclaimed himself modestly optimistic. but warned -- >> the american people are watching what we do here. obviously, their patience is already thin. >> reporter: with the clock running out, here's the game plan. the democratic and republican leaders in the senate will spend day trying to has
ABC
Dec 28, 2012 4:30am PST
in sight to avoid the fiscal cliff. we'll tell you how president obama is pushing forward as the clock ticks. >> first this morning's tech bites. >>> in today's tech bites, amazon.com getting a present from shoppers, good review, survey puts amazon at the top of the list where it has been the past eight years. big jim in americans reading e-books, re-- research finds 16 and older red -- print reading drops from 72% down to 67%. salary of time cook dropped by 99%, his 2012 compensation 4.2 million dollars, far cry from the 378 million last year. steve jobs' famously collected a dollar a year. >> for the first time in its history voting for oscars online some voters are complaining the system is confusing and worried it could be vulnerable to it's time to change the way we clean. it's time to free ourselves from the smell and harshness of bleach. and free ourselves from worrying about the ones we love. new lysol power & free has more cleaning power than bleach. how? the secret is the hydrogen peroxide formula. it attacks tough stains and kills 99.9% of germs. new lysol power & free. powe
ABC
Dec 28, 2012 11:35pm PST
-done, bill. thanks. just ahead, with the country only three days away now from the edge of the fiscal cliff, we're going to tell you what it could mean for you and your wallet. >>> tonight in washington, the pressure is on, the clock is ticking, the countdown to the so called fiscal cliff hits the 72-hour mark in just a few minutes. while congress is hoping for a hail mary deal to avoid taking a plunge over the fiscal cliff, most americans are wondering what is wrong with these people, and how exactly social security going to affect them. so, we went ahead and crunched the numbers for you. there they were again. hour nation's leaders trooping into the white house one more time. and afterwards, the president. >> the hour for immediate action is here. it is now. >> you've heard that before. but today on the brink of the fiscal cliff, a glimmer of -- well, something. >> i'm optimistic we may still be able to reach an agreement that can pass both houses in time. >> but don't hold your breath. there is deep skepticism in washington that the leadership of our country will get its act together on
ABC
Dec 27, 2012 11:00am PST
where the weather is just as frigid as the political climate inside. fiscal cliff talks appear to be going nowhere. the president is trying to hammer out a deal before major tax hikes and spending cuts kick in january 1st. this morning harry reid launched a scathing attack on house republicans for not returning to washington. >> i can't imagine their con chens they are out wherever -- consciences they are out wherever they are and we are trying get something done. >> newly appointed senator flew back with the president today, left governor currently will replace the late senator daniel inouye. >>> that looming fiscal cliff is having a huge effect on the stock market today. you can see the dow is down 135 points over 1%, consumer confidence very low because of concerns that fiscal cliff will cause taxes to rise for everyone if congress tpaeults to work to the. >>> former president george higgs boson bush remains in intensive care he is -- george h.w. bush remains in intensive. doctors suspected he would be home in time for christmas but his condition worsened, he is alert and ta
ABC
Dec 29, 2012 8:00am PST
hosting uconn in women's hoops. i'm colin rush. have a great day everyone. >> katie: next the fiscal cliff-hanger, senators could vote on plan to save the country from the fiscal cliff on sunday but so far hopes have lawmakers striking deal haven't been met. and local high school band making history in the tournament of roses parade. >>> developing news out 6 moscow where a jetliner caught fire killing two people on board. twin engine jet went off the runway and broke apart and caught fire. news reports say about a dozen people were on board and several of them were seriously injured. it was a ministry spokesman that confirmed two people died. >>> in washington, senate a lot leaders are hoping to come up with a compromise they can send to the house tomorrow to avoid the fiscal cliff. lisa stark has the latest. >> there is nothing like a deadline to force action. the president met with congressional leaders for the first time in six weeks and then proclaimed himself modestly optimistic. >> they are watching what we are doing here. their patience is always thin. >> with the clock running out
ABC
Dec 27, 2012 1:40am PST
about the fiscal cliff problem as well as members of congress return to washington to address the fiscal cliff. talks will take place behind closed doors. no public negotiations set. you have the debt and the fiscal cliff. it's not looking too good right now when it comes to the u.s. economy. >> geithner told congressional leaders that his department is using some accounting measures basically a fancy way of saying they're going to try to free up some cash to hold off, temporarily, this fiscal cliff. but it's still not looking good. >> i don't know about you at home, but kicking the can down the road, this has been happening over and over again. somebody has to make some decisions here. >> it's like in this business, they give you a deadline and you have to hit the deadline. there's no coming in and saying take another ten minutes. it don't work that way in real life. there are americans out there saying, get off your couches, get back to washington, and get the deal done. >> sometimes it's not pretty you when you have to rush, but, hey, get it done. >>> still on the economy now, new sig
ABC
Dec 24, 2012 5:00am PST
back from the fiscal cliff why congress may be selling the new year on capitol hill. >> first america's money report. >>> good morning. topping america's money, last minute shopping, many shoppers haven't finished. consumer reports says 17 million will be shopping today, more than 60% will throw in the towel and get those gift cards. so far, a quiet holiday season at the malls, analysts say shoppers are worried about the budget stalemate in washington delayed by superstorm sandy and depressed by the connecticut school shooting. retailers hope today will make up for that many federal workers have more time to shop, president obama gave them today off, many government offices are closed. financial markets closing early as are most post offices. the hobbit topped box office again for the second straight weekend, it took in 37 million dollars more than double any other movie even though many did their last minute shopping instead that's . >>> just about 5:14 thank you spore spending your christmas eve with us. live look towards san francisco, beautiful lights, bay, rain is going to take a
ABC
Dec 28, 2012 5:00pm PST
on what could keep the nation from falling off the fiscal cliff. >> there is an app for just about everything, now, being cute on video. >>> there is movement in wad on a possibly tax cut deal that could avoid the dread td fiscal cliff. president met with house and senate leaders from both parties. president obama later revealed senate majority and minority leaders working behind closed doors right now to koum come up with a deal. he says he's optimistic but he talked about a back up plan. >> will urge senator read to bring a basic package to preproe detective the middle class from a hike. >> no details given but sources indicate the president did not make a new offer to republicans and pushed for a bill stopping looming tax increases on families earning less than $250,000 a year. >> a 24-year-old woman charged in qex killing of two volunteer firefighters in upstate new york on christmas eve. dawn nguyen accused of file filing a falsified business record, investigators say charges relate to purchase of an ar 15 rifle, and 12 gauge shotgun the shooter had when the firefighters were
ABC
Dec 26, 2012 2:40am PST
. and then there's the issue of the fiscal cliff and higher taxes. >> i think the worries of what we're going to be dealing with at the end of the year has curbed our spending, for sure. >> reporter: retailers today are trying to outdo one another with deals, often better than what was offered the day after thanksgiving. amazon offering a 46-inch tv, marked down 44% for just $338. best buy is cutting the price of a nikon camera. and a cashmere sweater from bloomingdale's, just $89.99. last year shoppers spent more than $7 billion on the day after christmas. bargains have become a post holiday tradition. whether you're shopping in stores or surfing for discounts and free shipping from online venders, retailers are looking for you on what may be the fifth busiest shopping day of the year. brad wheelis, abc news, los angeles. >> i think you have the right idea. we should go shopping when we're done. online venders still offering free shipping. just go online and find the coupons. it's that simple. >> yes. from shopping to the big games, coming up, we'll take a look at the nba games that were tak
ABC
Dec 31, 2012 3:00am PST
as lawmakers work to avoid the fiscal cliff. but the clock is winding down. i don't know about you, but i'm so tired of talking about this. >> i feel the exact same way. >> just go over the cliff, get something done so we can stop talking about it. >>> a chilly end to 2012. it is cold out there. old man winter reminding us what time of year it is. a large part of the nation will ring in the new year with temperatures below freezing. >> we wouldn't know anything about that because it is hot as -- >> in the studio you mean. >> yes. >> maybe it's warm because i have my new slippers on that rob got me. >> that's not fair. >> you can put them in the microwave. >> really? >> yes. >>> but if warm, sunny skies are more your style, pasadena is the place to be. we'll take you behind the scenes of the annual rose parade to see how an army of volunteers build the majestic floats that smell so good. >> pasadena is more my style this time of year. >>> we begin with hillary clinton. the 65-year-old secretary of state is in a new york hospital suffering from a blood clot. >> a spokesman would not say where th
ABC
Dec 28, 2012 11:00pm PST
to the wire big time. the fiscal cliff is really in sight now. >> it is deja vu all over again. >> the president chastising congress to do their jobs, but will they? details on what happened next. and violence against women. the vigil tonight in san francisco for a woman who lived and died brutally half a world away. and live doppler 7hd is tracking the rain and moving into the bay area. meteorologist sandhya patel is up next to show you when the rain will hit your neighborhood and a look ahead to new year's. that's all coming up. and then late other "nightline." >> i'm terry moran. dan, up next on "nightline," they are not rich, but they fly all over the world in first class for free. the extreme methods and secret tips of frequent flier mileage hoarders. and a national memory champion tonight. he will share his astonishing >>> senate leaders will work through the weekend to a avoid the fiscal cliff. there are fewer than four days left for taxes to go up for all-americans. the president met with republican and democratic leaders today to discuss a time frame for the next few d
ABC
Dec 24, 2012 3:00am PST
comforts that town right now. also this morning, a rather dire prediction about the fiscal cliff and what might happen when lawmakers return later this week. it's a pocketbook issue for all of us. >> some people are expecting to maybe go right over that cliff. >> more likely than a couple days ago. >>> and later this half hour, the christmas edition of our insomniac play list. your favorites performed with an updated beat. putting a new spin on some of the old christmas classics. >> good to see ceelo hanging out with the muppets there. >>> topping our news right now, the nra is not backing down from its call to place armed officers in the nation schools. >> congressman chris murphy whose district includes newtown calls it tone deaf and also revolting. >> reporter: from the brooklyn bridge in new york to the sidewalks of falls church, virginia, anti-gun protests are springing up around the country. the debate on gun control has also triggered a run on gun shows and gun stores. sales are soaring as people rush to buy assault weapons before a possible ban. >> we're completely out of the so-c
ABC
Dec 26, 2012 6:00pm PST
she protected her twin autos the federal fiscal cliff just day as way. so, what if we fall off? ahead on 7 on your side, how to make most out of an uncertain financial future. >>s lrx how a little boy's obsession with legos has become a powerful prescription that treats >>> in the east bay an oakland mother recovering after being hit by a stray bullet attending church services on christmas eve she. was trying to protect her children from a gunfire. the woman spoke with abc 7 news today. nick joins us live. how is she doing? >> she is doing very well. i had a chance to speak with her. limited evening skplish i have very poor spanish but she's doing well and can't wait to be back with her family. >> i look back and saw a bullet coming at my son's head and i threw myself over my son. >> she spoke to me after a night at church left her seriously wounded. we were at church and people passed by shooting at the church. >> her pastor was telling a story about the birth of christ. out of nowhere he heard... >> boom. boom. boom. i say to people, stop the sermon, i said go down, fast as you can.
ABC
Dec 28, 2012 6:00pm PST
that lawmakers may not lead us over that fiscal cliff after all. coming up next, president obama draws a line in the sand. we'll explain his plan for averting a tax hike. >> thank you for calling. >> i team reveals why a state agency is too busy to take your calls. >>> a late afternoon meeting brings progress towards avoiding the fiscal cliff. tonight abc 7 news mark matthews has been looking into the cost governoring over the live cliff. >> remember, last year it? was part of a deal to end the debt ceiling crisis. congress agreed to steep a spending cuts going into reduce the deficit. cuts now are just around the corner. >> the president says he's optimistic but did f.a deal can not be reached he'll tell hairy reid to introduce a fall back bill. >> put a bill making sure tax on middle class families don't goup, that unemployment is available for two million people z that lays ground work for additional deficit reductions and economic growth steps we can take in the new year. >> the bill, as the president calls bare minimum isn't what many hoped for, pushing off until next year, larger pron l
ABC
Dec 28, 2012 5:00am PST
station. >>> fiscal cliff could affect the price of your breakfast in just a few days. i'll explain, coming up. >> first america's money report. >>> good morning. sales of new homes jumped 4.4% last month. new home sales up more than 15% over the past year. ford will spend more than 3/4 of a billion dollars to expand a plant in michigan creating more than 2300 jobs part of ford's promise to invest 6.2 billion dollars in u.s. plans and create 12,000 jobs by 2015. biggest movie flop of 2010 -- 2012, playback, grossed 264, meaning two dozen bought >>> breaking news out of new jersey. three police officers have been hurt after gunfire erupted inside police headquarters in gloucester township, south of philadelphia. medics rushed to the station 5:30 this morning local time. one officer was shot, all taken to the hospital. it is unclear how severe their injuries are or what happened inside the police station. >>> breaking news overnight, russian president has may it official, it is now illegal for americans to adopt children from russia. vladimir putin signed the bill into law, banning ad
ABC
Dec 28, 2012 4:00am PST
is on assignment today. we begin this morning with a new effort to avoid the fiscal cliff. it's an 11th-hour attempt to reach a deal. but lawmakers are not optimistic. >> wendy gillette is here with the latest. good morning, wendy. >> reporter: good morning, president obama will meet be lawmakers this afternoon. time is running out with no deal in sight. president obama will meet with congressional leaders later today at the white house. but it may be too late for a deal. there's just four days left before the fiscal cliff deadline. >> i have to be very honest, mr. president. i don't know, time-wise, how it can happen now. >> reporter: senate majority leader, harry reid, lashed out at house speaker, john boehner, accusing him of running a dictatorship. >> john boehner seems to care more about his leadership than keeping the country on a secure footing. >> republicans aren't about to write a blank check for anything senate democrats put forward just because we find ourselves at the edge of the cliff. that wouldn't be fair to the american people. >> reporter: president obama flew home ear
ABC
Dec 28, 2012 6:00am PST
is checking traffic. >>> the country is just days away from going over the fiscal cliff. what is happening today in the nation's capital as lawmakers c >>> welcome back. doppler tracking showers to our north tail end showing radar returns most moisture in the clouds now because it is too dry at the lower levels fairfield 31°, mid to upper 30s in all inland valleys upper 30s around redwood city., mountain view, san jose. let's talk about what is going to happen today, light rain by the afternoon, 50s, showers tomorrow morning dry sunday and monday. >>> light traffic conditions so far, folks take the week or another long holiday weekend out of novato past marinwood lucas valley road here marin ymca traffic flowing nicely out of san rafael into southern marin no problems on the golden gate bridge light traffic conditions four lanes southbound what a difference a day makes yesterday afternoon getting to the golden gate bridge was a nightmare from all approaches due to folks enjoying a beautiful day. 680 to the altamont pass good ride. 680 corridor from 580 to highway 24 northbound towards wa
ABC
Dec 28, 2012 1:40am PST
. >>> also this half hour, it is down to the wire in washington, d.c. yes, the fiscal cliff now just four days away. can a last-ditch meeting today really, really lead to a deal? really? >> i hope so, because i'm heading to washington tomorrow. but we're going to bring you another story. you're going to want to see this. a daycare burglary that turns into child's play. oh, man, this boils my blood. the christmas day thieves whose clowning around was all caught on tape. >> unbelievable. yeah, that was one of them riding a little kid's tricycle. >>> later on, britney spears is back. she may be saying goodbye to a $15 million reality tv paycheck. and why this may not be her only personal drama this morning. we have details coming up in "the skinny" and she's part of half of "the skinny" today. britney spears has a lot going on. >> making headlines. >>> first, though, the nation is remembering a war hero this morning. general norman schwarzkopf died yesterday after battling pneumonia. >> president obama called the retired general an american original who stood tall for his country and had a l
ABC
Dec 31, 2012 4:00pm PST
the car and threw it into traffic where it was run over. >> turning now to the fiscal cliff. it's cost americans more money in tax asks caused deep cuts to many programmer autos there is no deal. right now, congressional leaders said to be close toon agreement f it happens it won't be until tomorrow at earliest. >> abc 7 news has been monitoring the back and north and joins usry. mark, safe to say we may go over the cliff but not to a crash landing. >> you're right that. is a good way to put it. just hours until the fiscal cliff deadline, house republicans have pulled a plug. this, after both senate and white house made it clear a deal was very close. >> president obama told supporters this afternoon that there has been progress in avoiding a hike in middle class tax autos preventing that tax hike has been my top priority. >> the president said the deal being worked outwqjx between the senate republican leader mcconnell and vice president will extend current tax rates for households making up to $450,000 per year, increasing estate tax rate from 35% to 40%, and extend unemployment bene
ABC
Dec 24, 2012 6:00am PST
the fiscal cliff. >>> welcome back. let's take a look at live doppler and satellite, a few radar returns over the ocean, a few clouds dry everywhere this morning. clouds getting thick in the form of fog around napa. getting a break our next system the screen to our west that means today is about it as far as dry weather. low to mid 40s through the morning, low to mid 50s from noon to 4:00, partly cloudy, babble in the low to mid 40s by 7:00 under a partly cloudy sky. >>> keeping an eye on the commute this morning, skardzly a commute to speak of. >> very few cars but still problems. this westbound 80 at university avenue in the berkeley area, there is an accident reported there it has been moved to the median or it is in the median and maybe causing delays there. another look 120 within between 116 and 37 in the north bay -- flooding there and we are told 121 is closed in that area start thinking about alternate routes. also 101 heading into san francisco from marin county, live shot, headlights heading towards us, guess what folks? not a problem. narry an issue here. >>> 6:11, ahead, optimism
ABC
Dec 25, 2012 6:00am PST
the country goes over the so-called fiscal cliff. now some conservative leaders are coming forward to say they believe the president wants the country to go over. >> does the president wants to take us over the cliff? i think he does. he needs an execution for the next four years of failure, blaming it on bush doesn't work much. regulations and spending he has put on -- he has put on the economy for the next four years going to put us in recession, regardless of the fiscal cliff. >> glover for questions made the comments yesterday on cnn if a -- grover norquist made the comments yesterday on cnn. >>> new this morning, 7-eleven trying to get healthier. the chain is in the process of introducing more nutritious items. that includes yogurt parfaits and lean turkey sandwiches. 7-eleven wants 20% sales to come from fresh foods byb7ñ the end of 2015. also retooling old favorites. jelly doughnuts sold in miniature versions. >>> that ipad under your tree may already be out-of-date. a japanese tech blog reports a new version of the popular tablet will hit stores in march, the blog says the new ip
ABC
Dec 27, 2012 7:00am PST
, cutting his hawaii vacation short because of the looming fiscal cliff deadline. it is now just five days away. is there any movement on either side? how many more times can we ask this question of abc chief white house correspondent, jonathan karl, joining us this morning. dare i ask, where we stand this morning? >> reporter: good news and bad news. the president's coming back to washington. the senate's coming back. they're ready to strike a deal. the bad news, josh, no progress whatsoever. and, in fact, the treasury department said that the government on monday will hit the limit of how much money we can borrow to run the government. they're going to do some extraordinary measures to keep us going until february. but things look grim. the one sliver of good news i can say on the substance is, the speaker's office tells me this morning there has been contact between the speaker of the house and the president, at least on the staff level. and they won't say whether or not the two men actually spoke. >> contact. hazahs all around. we heard a lot about taxes that will increase. what do we
ABC
Dec 26, 2012 4:00pm PST
. how starbucks is taking a public stand on looming fiscal cliff. >> i'm michael finney. did you receive a new tv over the holidays? coming up, best money-saving options for a home theater system. (;ñ;ñ;ñ;ñ;ñ$x >>> church supposed dob a save haif yerngs a place to worship in peace. >> an east bay mother is in the hospital after protecting her children fromhc a stray bullet. she's talking with abc 7 news about this ordeal. >> nick smith joins us live with the story. nick? >> cheryl, dan, good evening. maria is expected to survive her injuries. she expected them to learn a lesson about the christmas holidays. instead, her children sought mother, shot, hit by a stray bullet. maria has a frightening story to tell. >> we're at church with my daughter and people passed by shooting at church. >> she spoke to me from hervhlé hospital bed, shaken by the scene of events plague out on monday night. >> i look back and saw a bullet coming at my son's head. i threw myself over my son. >> the reverend was selling -- telling a 4i whe when... >> boom, boom.'h7qsç we had to stop the sermon. go do
ABC
Dec 30, 2012 8:00am PST
minute, but to avoid going over the fiscal cliff, to avoid taxes being raised on middle class folks and on 98% of america to avoid, in my view, a sequestration that would be very damaging to the defense and nondefense sides, there's an agreement that's possible, and, you know, there are four issues that are outstanding. each of them is bridgeable in a certain way. they are, we believe that the bush tax cuts should go up for people above $250,000 income a year. there is a disagreement on estate tax. we prefer the 2009 levels. jon would prefer something else. whether unemployment insurance is included in, we feel that's very important, and then whether you use some small portion of the revenues you gain from the tax increases to pay down sequestration per year. those would be the four areas they have to come to agreement on. there are some areas i think there is agreement. dealing with the amt patch so that middle class people don't go up, the sgr, the medicare and some tax expenditures on business and middle -- >> let's be clear here. you're talking about extending tax cuts for most
Search Results 0 to 26 of about 27 (some duplicates have been removed)